Press Releases

LeoVegas first to offer open banking

Published

3 years ago

November 30, 2020

Reading Time: 2 minutes

LeoVegas will be the first out in the gaming industry to allow open banking transactions under PSD2 via the company’s proprietary technology platform. This will result in even more secure and faster payments for customers directly from their own bank accounts as well as lower transaction costs and reduced dependence on other payment service providers for LeoVegas.

“Secure, seamless and fast payments are incredibly important, and the fact that we now – through PSD2 (the Second European Payment Services Directive) – have the opportunity to directly integrate with many European banks, will provide a superior customer experience offered by security and speed,” comments Gustaf Hagman, LeoVegas’ Group CEO. “Conducting transactions via open banking is also considerably more cost-effective compared with traditional payment methods. There is a high level of activity in our product and technology development organisation, and it is exciting to see all of the innovations we are delivering to our customers. We are first out in the industry with this pioneering payment solution, which will change the entire payments industry in the years ahead.”

The UK is the first market in which LeoVegas has already launched payments via open banking. Customer data from the initial weeks show that 10% of all new customers already are choosing to initiate their payments via open banking. The solution will be successively rolled out across several of the company’s core markets in Europe.

open banking and psd2
PSD2 stands for the EU’s Second Payment Services Directive, which aims to develop the market for electronic payments and thereby create better conditions for secure and effective payments. Open banking is one aspect of PSD2 and entails that actors open up and share information with each other. The opportunities afforded by open banking include coupling together business models that together form a new ecosystem for payments, creating added value for customers.

Latest News

Slots provider Dragon Gaming fuels innovation with Flows

Published

16 mins ago

April 24, 2024

George Miller

slots-provider-dragon-gaming-fuels-innovation-with-flows

Reading Time: 2 minutes

Dragon Gaming, a leading slots provider, has successfully integrated Flows, the premier no-code automation platform. This integration streamlines their processes, significantly boosting both innovation and operational efficiency.

Flows supports businesses by speeding up development and simplifying integrations through a single interface and workflow automation tool.

By adopting Flows, Dragon Gaming can now accelerate its development process and simplify integrations through an intuitive single interface and advanced workflow automation tools. This strategic move enables Dragon Gaming to rapidly build new engagement tools, enhancing the gaming experience for its users while leveraging Flows’ unmatched flexibility and user-friendliness.

Flows stands out as the most technology-agnostic software on the market, designed to integrate seamlessly with any existing technological infrastructure. This ensures businesses like Dragon Gaming can innovate without the limitations commonly associated with software development. The introduction of “Flo,” Flows’ innovative voice-activated AI software development tool, marks a significant advancement in digital product development. It empowers clients and partners to bring their innovative ideas to life swiftly and without the typical constraints of conventional development processes.

Ivars Dorofejevs, Business Development Manager at Dragon Gaming, said: “Dragon Gaming is set to revolutionise standard gamification practices, enhancing player lifetime value while providing an extensive array of games such as video slots, table games, and skill games.We are thrilled about our partnership with Flows, whose solutions offer unparalleled versatility. This collaboration empowers us to customise and expand our offerings to partners, ensuring relevance and setting new standards in the market.”

Domenico Mazzola, Director of Sales at Flows, said: “ We’re delighted to see Dragon Gaming harness the power of Flows to innovate and create new engagement tools. Their choice to utilise our no-code platform underscores the significant value and transformative potential it brings to forward-thinking slots providers. At Flows, we are passionately committed to empowering our clients like Dragon Gaming to unleash their creativity swiftly and seamlessly. By enhancing their game offerings with our platform, Dragon Gaming is not just elevating player engagement but is also setting a new benchmark for innovation in the gaming industry. This move marks an exciting future where technology and creativity blend to enrich the gaming experience.”

The post Slots provider Dragon Gaming fuels innovation with Flows appeared first on European Gaming Industry News.

Latest News

CryptoWins Introduces 10 New Games from EvoPlay and Rival Gaming

Published

16 mins ago

April 24, 2024

George Miller

cryptowins-introduces-10-new-games-from-evoplay-and-rival-gaming

Reading Time: < 1 minute

CryptoWins expands its games library with 10 new slots from top developers EvoPlay and Rival Gaming.

Players will immerse into boundless creative, fantasy and galaxy adventures with online slots from EvoPlay: Reign of Dragons, Mystery Planet, E.T. Lost Socks and Egypt Gods. Fruitburst is a classic win-both-ways fruitie.

No dull moments with exotic and glitzy Rival Gaming powered games offering a plethora of free spins like in classic Vegas style slot Bigger Cash Win which has 5 paylines and a larger Cash Wheel that favors luck. The Cobra King online slot features exotic images inspired by the tale of Aladdin. A princess, tiger, magic carpet, and lamp are among the symbols and the magical features include wilds that triple wins, and three levels of free spins.

Other games from Rival added this week include Greek mythology inspired Wrath of Medusa, ice age-themed Ice Picks full of free spins. Those in a tropical fiesta party mood can try their luck on 5×3 Party Parrot with special feature gifts popping up to boost win lines. Free spins come with sticky wilds that award free re-spins!

In celebration of the new game additions, CryptoWins is offering players up to 50% Deposit Bonuses, which can be claimed twice daily.

CryptoWins is accumulating an impressive selection of online casino games. A total 53 new games were added in the last two months alone, by developers ELA Games and Asian games producer KA Gaming.

CryptoWins was launched by igaming pioneers Slotland Entertainment in December 2023, offering a diverse selection of game types, including classic slots, video poker, keno, bingo and table games. Deposits and withdrawals are conducted through Bitcoin, Litecoin, Ether, Monero, Tether, Binance Coin, and USD Coin

The post CryptoWins Introduces 10 New Games from EvoPlay and Rival Gaming appeared first on European Gaming Industry News.

Compliance Updates

U.S. INTEGRITY AND ODDS ON COMPLIANCE ANNOUNCE REBRAND AS INTEGRITY COMPLIANCE 360

Published

16 mins ago

April 24, 2024

GamingAmericas.com

us.-integrity-and-odds-on-compliance-announce-rebrand-as-integrity-compliance-360

Following the successful completion of their merger, U.S. Integrity and Odds On Compliance Launch IC360, Establishing the One-Stop-Shop Standard for Integrity and Compliance Solutions

U.S. Integrity and Odds On Compliance announced the completion of their merger and the launch of the combined entity’s new name, Integrity Compliance 360 (IC360). The merger cements IC360 as the unequivocal global leader in delivering best-in-class integrity and compliance regtech products and services for the sports betting and gaming sector.

IC360 will leverage the combined expertise, resources, and industry knowledge of U.S. Integrity and Odds On Compliance to continue delivering innovative solutions that empower organizations to achieve and maintain the highest standards of integrity and compliance.

“The coming together of U.S. Integrity and Odds On Compliance represents a strategic alignment of values and a shared commitment to excellence,” said IC360 CEO Matt Holt, formerly CEO of U.S. Integrity. “As IC360, we are dedicated to providing our clients with 360-degree solutions that address their unique compliance challenges, ensuring they can operate with integrity and confidence in today’s complex regulatory environment.”

The strategic unification of these two prominent organizations reflects a commitment to providing unparalleled compliance and integrity solutions in a rapidly evolving regulatory landscape. “Our vision is clear: to help lead our industry forward on compliance and integrity standards, empowering our partners to raise the bar. We believe the IC360 brand represents just that. This is only the beginning of an exciting chapter for Integrity Compliance 360,” commented Eric Frank, President of IC360, formerly CEO of Odds On Compliance. The merger creates a comprehensive and dynamic suite of solutions and services.

IC360’s portfolio of services includes integrity monitoring, compliance advisory, and education, along with established products like the Integrity Monitoring dashboard, a foundational product for monitoring real-time sports integrity issues, PlayBookAI, the robust online repository of sports betting laws and regulations, and ProhiBet, the pioneering solution for ensuring compliance for athletes, coaches, and staff.

“With a comprehensive suite of services and leveraging the collective expertise of U.S. Integrity and Odds On Compliance, this is an evolution of a journey dedicated to setting industry benchmarks and creating a one-stop-shop for integrity and compliance needs,” added Scott Sadin, COO of IC360, formerly COO of U.S. Integrity. “Integrity Compliance 360 looks forward to a future marked by continued growth, impactful partnerships, and a steadfast dedication to the highest standards of integrity and compliance.”